Bradda Head holds 100% direct equity interests in the following entities:

• Zenolith (USA) LLC, a company registered in USA, which holds the interests in the Burro Creek, Wikieup, Wilson Salt Flat, San Domingo and Spencer projects;
• Gray Wash LLC and Verde Grande LLC, which hold interests in the Wikieup project;
• Bradda Head Limited, a company registered in the BVI, which holds the interests in Zenolith, Gray Wash and Verde Grande.

Bradda Head currently holds a 100% interest in the lithium portfolio.